Usio Announces Leadership Changes within its PayFac Division

5/17/20

SAN ANTONIO, May 13, 2020 (GLOBE NEWSWIRE) -- Usio, Inc. (NASDAQ: USIO), an integrated electronic payment solutions provider, today announced leadership changes within its innovative payment facilitation division.

Louis Hoch, Usio’s President and Chief Executive Officer, stated, “I am very pleased to announce, Mr. Greg Carter has joined our company and will lead our Payment Facilitation business line. He will serve as the company’s Senior Vice President of Payment Facilitation. PayFac is an innovative, high tech, fast growing business line for our company and we believe Greg will help take that division to a new level of success by leveraging his many years of senior executive experience in a high volume transaction environments.”

Mr. Hoch continued, “We are very grateful to Mr. Vaden Landers for his service to the company and wish him well in his future endeavors.”

Greg Carter, 56, has served in numerous senior management assignments within the telecommunications, billing and settlement, and retail industries. Notably, Greg was the Chief Executive Officer for BSG Clearing Solutions, with revenues in excess of $145 million dollars, and a publicly-held (London Stock Exchange: AIM and was previously traded on NASDAQ) settlement and clearing house. Other assignments include senior-level sales and marketing roles at MCI/Telecom*USA, US Long Distance, Qwest and nii Communications. Greg is a proud veteran of the United States Marine Corps.

Mr. Carter will be participating in the company’s earnings conference call tomorrow.

About Usio, Inc.

Usio, Inc. (Nasdaq: USIO), a leading integrated payment solutions provider, offers a wide range of payment solutions to merchants, billers, banks, service bureaus, and card issuers. The Company operates credit, debit/prepaid, and ACH payment processing platforms to deliver convenient, world-class payment solutions and services to their clients. The strength of the Company lies in its ability to provide tailored solutions for card issuance, payment acceptance, and bill payments as well as its unique technology in the prepaid sector. Usio is headquartered in San Antonio, Texas, and has offices in Austin, Texas, and Franklin, Tennessee, just outside of Nashville. Websites: www.usio.com, www.singularpayments.com, www.payfacinabox.com, www.akimbocard.com, and www.ficentive.com. Find us on Facebook® and Twitter.

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